Report: Emerging Markets Will Drive Telecom Growth

It will only be two more years before mobile communications revenue generated in emerging markets will finally exceed those produced in the developed world, according to a report by communications industry research company Pyramid Research. The growth rate in mobile communications in developing markets will be fives times greater in 2013 than that in the developed markets.

Pyramid expects revenues in Asia, Central and Eastern Europe, and Latin America to hit $720 billion, a 7.1% increase over 2012. That stands in stark contrast to Pyramid's expectations of only 1.4% growth in 2013 in the developed world to $1.1 trillion after a 0.2% contraction in 2012.

By 2026, emerging-market revenue for all telecommunications services -- i.e., wireless, wireline, and pay TV -- will exceed that of the developed world.

Asian markets, such as in India, China, Indonesia, and Thailand, will produce the greatest rate of telecom growth, at a rate almost three and a half times that of the developed world by 2018.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2248758, ~/Articles/ArticleHandler.aspx, 11/28/2014 12:50:28 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement